The UK government borrowed £20.2bn in September - the difference between public income and spending - which is the highest level for the month since Covid.
The figure was in line with OBR forecasts but “cumulative borrowing is still significantly above the OBR forecast and the latest release still paints a picture of deteriorating public finances,” said RSM UK chief economist Thomas Pugh. “The chancellor will probably have to raise around £30bn at the budget in the autumn,” he added.
